Jim Rogers there were huge opportunities in this crisis
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MONEY AS DEBT II watch video
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What an asinine comment. Jim Rogers is an individual investor - of course he's trying to make money for himself. Aren't you? Don't kid yourself.
How exactly is he part of the "global problem"? He's not in charge of the misguided monetary policies that put us in this situation in the first place.
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this old impotent boy is part of the global problem. the old dog desires only to make money for himse
f and Soros, etc. This ball-less fruity is one of "them"
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nevermind the fact they automatically make 100 million every trading day using their high-frequency trading program, they also have a considerable tax advantage.
they only paid 14 mil in taxes last year when they made billions...unlike small business who are hit with massive capital gains taxes amongst others, most big companies are tax exempt. the little fry like you pay more than the big fish.
thus, making a mil for us is much harder then them.
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Blah. are you reposting this comment ...
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I, too, run a small business. My point is simply that 3 billion in profits may not be as easy as you assume. It is all just a house of cards and the 30 billion went to sure it up a while longer until everyone figures out what is going on.
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I run a small business a can tell you with that much money it is not hard!As for your misinformation the point i was tying to make is the Govt gave them so much money how can they not make a profit?
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at what percentage interest is the loan given? what are the terms of the loan? what is the tax rate on your profits? that statement - you could make 3 billion in profits off of 30 billion dollars - maybe, if you parked it in a super safe CD?! This is misinformation.
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A bunch of unscrupulous evil investors made a bunch under Bush at the expense of many
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Did he say Goldman's people did a good job?If you gave my business 30 Billion dollars i think i can make 3 Billion in profits!!WTF
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There's nothing wrong with making lots of money.
The question is whether Goldman Sachs made that money honestly. The answer is NO.
Just remove the $12.5 billion of citizen's money that got funneled to GS via AIG and no more rosy profits.
Also, how is it that their leaked program trading code, "in the wrong hands", can be used to manipulate markets? Are we just supposed to trust that same code in GS' hands?
And what about all the ex-GS cronies in powerful government positions?
MengersDisciple 2 years ago 11
hes basically saying he doesnt know
alphaknave 2 years ago 7